Phnom Penh, November 17, 2023 - In the morning of Wednesday, 15 November 2023, Timor-Leste decided to sign a contract to buy 4,000 tons of rice from Cambodia for the first time under the state mechanism after the two countries signed a memorandum of understanding on Rice trade on 20 October 2022 between the Ministry of Commerce of Cambodia and the Ministry of Foreign Affairs and Cooperation of Timor-Leste. The above signing ceremony was held during a working meeting between His Excellency Chan Sok Ty, Royal Government of Cambodia Delegate in charge of the President of Green Trade Company of the Ministry of Commerce, High Representative of Her Excellency CHAM Nimul, Minister of Commerce, and the delegation from Timor-Leste, led by Mr. Anibal Carvalho Muniz, Senior Representative of the Ministry of Economic Affairs of Timor-Leste and colleagues from the National Logistic Center (CLN), as well as the presence of the Ambassador of Timor-Leste to Cambodia. The meeting was aimed at exploring the potential for rice trade cooperation between Green Trade Company and negotiating technical terms for export to Timor-Leste. His Excellency the Royal Government of Cambodia also confirmed that this is to open more new markets for Cambodia in the rice sector of Cambodia and the Ministry of Commerce of Cambodia will continue to seek new markets in his field. 

Source: The Ministry of Commerce